This contribution presents and discusses the arguments underlying the idea that the superiority of private property is not absolute but actually depends on the circumstances prevailing in a given society at a certain time. This is done in two successive parts. In the first part, we compare open access understood as an extreme regime in which there are no property rights with regimes in which such rights exist. In the next one, we discuss the advantages and disadvantages of a regime of collective or community ownership vis-à-vis a regime of private ownership.
|titre||International Handbook of Development Economics|
|rédacteurs en chef||A. K. J Dutt|
|Lieu de publication||London|
|Etat de la publication||Non publié - 2006|
Contient cette citation
Platteau, J-P., & Baland, J-M. (2006). Efficient Property Rights: The Contribution of Transaction Cost Economics (forthcoming). Non publié. Dans A. K. J. Dutt (Ed.), International Handbook of Development Economics Edward Elgar.